Insurance
From The Report: Saudi Arabia 2014
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One of the largest in the GCC, Saudi Arabia’s insurance industry is expanding at a rate which some believe will soon see it surpass the UAE to claim the title of regional leader. 33 insurers are currently licensed to operate in the Saudi market, while a further three have been approved for establishment. This makes for a crowded sector, with intense competition played out largely in the arena of premium prices.

This chapter contains an interview with Abdullah Al Sharif, Secretary-General, Council of Cooperative Health Insurance (CCHI).

Articles from this Chapter

Interview

OBG talks to Abdullah Al Sharif, Secretary-General, Council of Cooperative Health Insurance (CCHI)
OBG
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How would you describe Saudi Arabia’s health insurance market, and what plans are there to expand? AL SHARIF: The sector continues to grow in both number of operators and customers. We have added two new qualified insurance companies, bringing the total to 28, and two third-party administrators, for a total of eight. Gross written premiums have increased since 2013, as have claims paid by insurance companies. Among groups currently required to register for compulsory health insurance,…

Interview

OBG talks to Abdullah Al Sharif, Secretary-General, Council of Cooperative Health Insurance (CCHI)
OBG
plus

How would you describe Saudi Arabia’s health insurance market, and what plans are there to expand? AL SHARIF: The sector continues to grow in both number of operators and customers. We have added two new qualified insurance companies, bringing the total to 28, and two third-party administrators, for a total of eight. Gross written premiums have increased since 2013, as have claims paid by insurance companies. Among groups currently required to register for compulsory health insurance,…